New Mexico § 63-2-5 - Methods of exercising rights and powers
Full text of New Mexico New Mexico Statutes Annotated § 63-2-5 — Methods of exercising rights and powers, with citation guidance and answers to common questions.
§ 63-2-5. Methods of exercising rights and powers
Any corporation so authorized by law to own or operate railroads in the state of New
Mexico, may exercise the rights and powers hereby granted by one or more of the following
methods: A. by direct operation of equipment and facilities owned, leased and/or otherwise
held or controlled by it; B. through operations conducted by a corporation owned or controlled in whole or in
part by such corporation authorized by law to own and/or operate railroads in the
state of New Mexico, either through stock ownership or otherwise, with equipment and
facilities owned, leased and/or otherwise held by either or both of such corporations; C. by operations conducted under contract with such corporation authorized by law
to own and/or operate railroads in the state of New Mexico, by a corporation independently
owned or controlled, or by an individual or association of individuals, with equipment
owned, leased and/or otherwise held or controlled by either or both of the parties
to such contract.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 63-2-5
What does New Mexico Statutes Annotated § 63-2-5 cover?
Section 63-2-5 ("Methods of exercising rights and powers") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 63-2-5?
A common citation format is "New Mexico Statutes Annotated § 63-2-5" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 63-2-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.